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Sales of New Homes Drop in October

Home builders in the United Sates sold less new homes than forecast in October. Purchases for the previous month were modified lower. It reflected the slowdown in the industry that was greatly affected by the f...
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Arrests are made in Walmart Strikes

Police arrested nine people outside a Walmart store in California Friday. They were part of the nationwide series of demonstrations and walk-outs against labor conditions at the retail giant. The protests were ...
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Eurozone Goes into Recession

The Eurozone went into recession for the second time in four years. This was due to the sharp drop in activity in the south Europe economies that have been plagued by debt problems. The first reading of gross d...
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Job Openings Decline in September

The number of job openings dropped a bit in September. The data suggested that the labor market is still recovering at a sluggish pace. This was according to the report released by the Labor Department last Tue...
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Apple Keeps Tax Low Via Offshore Accounts

Apple is the world’s most valuable company and yet it paid only $713 million on its $36.8 billion earnings in the last quarter. The company used a complex network of offshore accounts as well as cleverly named ...